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Earnings Per Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share

10. Earnings Per Share

The reconciliation of basic and diluted earnings per share for the years ended December 31, 2012, 2011 and 2010 is as follows:

 

     2012     2011     2010  
     Weighted
-Average
Shares
Out-
standing
     Per
Share
    Weighted
-Average
Shares
Out-
standing
     Per
Share
    Weighted
-Average
Shares
Out-
standing
     Per
Share
 
     (In thousands, except per share data)  

Basic earnings per share

     41,697       $ 4.45        41,619       $ 2.95        41,524       $ 2.74   

Potential dilutive effect of stock options

     96         (0.01     98         (0.01     87         (0.01
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Diluted earnings per share

     41,793       $ 4.44        41,717       $ 2.94        41,611       $ 2.73